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AREA INFORMATION

98043 (Mountlake Terrace, WA)

Explore the real estate in 98043 (Mountlake Terrace, WA)

Area Highlights

98043 (Mountlake Terrace, WA) residents have a median age of 39.7 years old, with employment highest in the administrative support and finance industries.

21,387 Population

The population has increased by 2.4% since the year 2010.

9,341 Households

$91,905 /yr
Median Household Income

$675,000
Median Home Sale Price

28m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

39.7 Median Age

Average Household Size

2.3
persons per
household

46%

Married Households

Community Population By Education

Bachelors Degree 26%
Some College 22%
High School Graduate 20%
Graduate Degree 14%
Associates Degree 12%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 25.66% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.5% of households have children

Area Schools

KG-6
0.2 MILES
B+
Terrace Park Elementary School
KG-6
0.2 MILES
A+
Challenge Elementary School
KG-6
0.6 MILES
B-
Mountlake Terrace Elementary School
PK-8
0.7 MILES
Brighton School
KG-6
0.8 MILES
C+
Cedar Way Elementary School
9-12
1 MILES
A-
Mountlake Terrace High School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$91,905 /yr
Median Household Income
$675,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 21.74% of the households.

Transportation to Work

  • Drive 73%
  • Work from Home 15%
  • Public Transit 10%
  • Walk or Bike 2%

Occupancy by Type

Owned 5,472 56%
Rented 3,868 40%
Vacant 421 4%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 39.7 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 59%
Asian 15%
Hispanic 13%
Other 6%
Black 6%
Native American 1%
The most prevalent ethnicity is White at 59%, followed by Asian at 15%, Hispanic at 13%, and Other at 6%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

74° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
44°
Feb
35°
48°
Mar
37°
52°
Apr
40°
57°
May
45°
64°
Jun
49°
68°
Jul
52°
74°
Aug
53°
74°
Sep
50°
68°
Oct
44°
59°
Nov
39°
50°
Dec
35°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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